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Mississippi
Real Estate Appreciation & Housing Market Trends






Mississippi Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value

$185,661

Number Of Homes And Apartments:

1,121,269

Mississippi Home Prices

> $1,265,574
$949,001 - $1,265,574
$632,767 - $949,000
$506,370 - $632,766
$379,872 - $506,369
$253,006 - $379,871
$126,650 - $253,005
$63,145 - $126,649
$0 - $63,144
0.8%
0.8%
0.7%
0.7%
2.5%
2.5%
2.9%
2.9%
7.7%
7.7%
18.6%
18.6%
31.9%
31.9%
21.3%
21.3%
13.6%
13.6%
0% 100.0%
% of Homes

Mississippi Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,460 / per month

Homeownership Rate

Owners
Renters
67.0%
67.0%
33.0%
33.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.4%
15.4%
84.6%
84.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.3%
26.3%
48.0%
48.0%
21.4%
21.4%
4.3%
4.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.2%
69.2%
1.3%
1.3%
5.6%
5.6%
9.1%
9.1%
14.5%
14.5%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
5.9%
5.9%
20.8%
20.8%
52.3%
52.3%
16.4%
16.4%
3.0%
3.0%
0% 100.0%
% of Homes